Co. Down-based Copeland Distillery has announced the release of its first whiskey, a single cask reserve called The 125.
Named in honour of the distillery’s 125 year lease on its new Donaghadee premises, The 125 reserve will offer private investors the opportunity to own one of 125 casks of this first whiskey release.
The whiskey is to be distilled at The Copeland Distillery later this year with head distiller, William Stafford, and company founder, Gareth Irvine, overseeing production.
Each investor who becomes a cask owner will have their name displayed on The 125 wall. Each cask owner will also receive an official certificate of ownership and The 125 members card, unlocking exclusive access to future events at the distillery including private tours. Members will also have the opportunity to visit their cask and request samples as it matures.
Anyone can invest in a cask of The 125, with the option available of sharing an ownership with colleagues, family members and close friends. The distillery will also have a number of syndicate casks available for any individuals who wish to share ownership of a cask.
Following the distillation later this year, each cask will be filled and left to mature for a minimum of five years.
The range of casks available to what will become The 125 are as follows:
100 ex-Bourbon casks of approximately 200 litres – priced at a base cost of £4600 and yielding a return of over 400 bottles, these ex-bourbon casks will deliver a characterful whiskey with flavour compounds of caramel-like sweetness, spice and vanilla.
20 first-fill quarter, ex-bourbon casks of approximately 125 litres – priced at a base cost of £3000 and yielding over 250 bottles, these slightly smaller casks will mature at a quicker rate but deliver all the same sweetness and spice flavour as their larger counterparts.
5 sherry butts / port pipes casks of approximately 500 litres – priced at £8000 and yielding over 1000 bottles, these ex-sherry or ex-port casks will create a slightly dry, rich-red coloured whiskey.
Once matured, The 125 will have the opportunity to decide if they would like their single cask whiskey to be bottled and labelled on-site with a bespoke label, sold back to The Copeland Distillery or left to mature for a longer period. Investors could see a return of 2.5% compound interest per year on casks if sold back to The Distillery’s ‘buy-back’ scheme after the minimum five years.
Founder of The Copeland Distillery, Gareth Irvine, said: “We are gearing up to open the doors of The Copeland Distillery in just a couple months, which signals our growth as a business and the beginning of a new journey for us. The interest we’ve already had in The 125 Reserve details to us that our excitement is shared and there is a palpable confidence in our skill and ability to create quality, unique spirits.
“Having achieved so much in such a short space of time with our gin, which is now exported across the world to territories such as Australia and Europe, we’re confident that our whiskey will rise to the same success and further cement Copeland’s reputation as an impressive Northern Irish brand on the international stage.”